Maybe, but have a look at the below chart gents.
No doubt its well and truly due but may i draw your attention to the fact that if this is a reversal it will bethe first one in a long long time that did not occur spot on a resistance line.
Wouldn't they be cunning buggers if it was simply yet another consolidation on the upside of the resistance (now support).
Big detailed .jpg chart so I wont leave it up for ever. Comments very welcome!!![]()
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